For mine we are still in a bear market.
The bounce we witnessed off the Aug 9 low was very similar to the bounce in May 08 of the GFC sucking alot of people back into the market on the long side.
Although over sold the perfect storm could be brewing with Italian & Spanish 10 year bond yields o so close to the 7% mark where default is inevitable.
Euroland is much closer to a depression than most people really think.
biggdaddy's day off thursday, page-41
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Last
7,783.1 |
Change
101.100(1.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |